iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 1-Year High – Should You Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWXGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $75.70 and last traded at $75.64, with a volume of 105216 shares changing hands. The stock had previously closed at $73.96.

iShares MSCI ACWI ex U.S. ETF Trading Up 2.3%

The company’s fifty day moving average is $71.01 and its two-hundred day moving average is $69.22. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77.

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Institutional investors have recently modified their holdings of the business. Simplex Trading LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter worth $28,000. International Assets Investment Management LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter worth $29,000. Cedar Mountain Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter worth $29,000. Rossmore Private Capital acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter worth $33,000. Finally, Caitlin John LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter worth $33,000.

About iShares MSCI ACWI ex U.S. ETF

(Get Free Report)

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.

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